FDIC's Brochure Insured
or Not Insured-A Guide to What Is and Is Not Protected by FDIC Insurance

The Federal Deposit
Insurance Corporation (FDIC) would like to remind financial institutions
of the availability of its brochure Insured or Not Insured-A Guide to
What Is and Is Not Protected by FDIC Insurance. The brochure clearly
describes which bank and thrift products are-and are NOT-insured. A sample
copy is attached.

The brochure explains
the term "mutual fund" and advises purchasers to obtain definitive
information before investing. It also clearly states that mutual funds are
not deposits and, therefore, are not insured by the FDIC or any federal
agency. The brochure explains the difference between FDIC deposit insurance
and insurance from other sources that may be available on certain other
bank products. The brochure includes a discussion of the insurance aspects
of Treasury securities, safe deposit boxes and robberies.

Institutions that sell
nondeposit products either directly or through a third party are strongly
urged to provide this brochure to anyone who inquires about or purchases
such products. The brochure will help to eliminate customer confusion about
whether or not a product is insured.

Institutions may order
copies of the brochure (free of charge) until the present supply is depleted.
To order, write to: